Vivad Se Vishwas Scheme has been passed by Parliament to ease the compliance burden on the part of tax-payer. There are 483,000 pending income tax cases before appellate authorities as on 30 November 2019. The disputed tax in these appeals is nearly Rs 9.32 trillion, which is nearly a year’s direct tax collection for the government. The scheme intended for reducing litigation and for settling matters that have been pending for several years. The government expects to resolve 90% of the income tax disputes through this scheme.
The final deadline of scheme is yet to be declared.
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